Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by Dunkelheit667 (1)
... I still struggle to understand why he recommended it to me, yet never embraced it himself. I just think it was mainly laziness on his part. ...
Isn´t it possible that your friend simply didn´t had the money to buy
BTC even when the Bitcoin price was low? I guess a few people that believed
in Bitcoin simply missed out due to not being liquid enough to invest.
I´m not sure from which country you are, but even in a wealthy country
like the US the average person is not exactly having a lot of money
that is available for investment.
63% Of Americans Don't Have Enough Savings To Cover A $500 Emergency
Maybe you should reconsider and gift him a few mBTC
That might be the case, but, from my personal experience, it is mostly BS. I did not earn a lot (eastern eu. country), i cut back on my spendings - like a LOT - to put it in bitcoin. Most people waste money on shit. New clothes they do not need, all kinds of social indicators of wealth like newest phone, car, jewelry etc. I have talked to some of my friends about investing in the long term back than; they have rather spent several bitcoin's price on vacations in 2015/2016, so they can post a facebook report on "look, my life is awesome". Now those vacations costs 15x-20x in bitcoin price :-D